In Redo, Ex-JPMorgan Banker Gets 2 Years For Insider Trading

Law360, New York (December 3, 2019, 9:26 PM EST) -- Former JPMorgan Chase & Co. and Perella Weinberg Partners investment banker Sean Stewart, who was tried and convicted twice for insider trading, on Tuesday was sentenced to two years in prison, a year less than he received at his first sentencing.

At an afternoon hearing in Manhattan, U.S. District Judge Jed Rakoff declined to follow the U.S. Probation Department's recommended sentence of time served for Stewart, who already served nearly 13 months of a three-year sentence before the Second Circuit last year overturned his first conviction.

Judge Rakoff said he had to "give meaningful weight" to the original three-year term handed...

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